SUSSEX SHORES BEACH ASSOCIATION (EIN 510101953) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1962

Legal Domicile

Principal Officer

XANDY WAESCHE

Phone

3025397511

Tax Period

2024-01-01 to 2024-12-31

SUSSEX SHORES BEACH ASSOCIATION, founded in 1962, is a small nonprofit that reported $334K in total revenue in fiscal year 2024. Expenses of $288K left a modest 14% surplus.

Mission

OPERATION AND MAINTENANCE OF BEACH PROPERTY LOCATED IN BETHANY BEACH, DELAWARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $322,849

Program Service Revenue $0

Investment Income $10,792

Other Revenue $0

TOTAL REVENUE $333,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,941

Fundraising Expenses $0

Program Expenses $276,797

Other Expenses $155,562

TOTAL EXPENSES $287,503

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,641	$311,531	+0.1%
Expenses	$287,503	$235,850	+0.2%
Net Income	$46,138	$75,681	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BOTZLER	MEMBER AT LA	1.00	Director	$0	$0	$0
JIM GILLESPIE	SECRETARY	4.00	Officer Director	$0	$0	$0
HAL MAGRUDER	MEMBER AT LA	1.00	Director	$0	$0	$0
STACY MURCHISON	TREASURER	4.00	Officer Director	$0	$0	$0
ARTIE OBERHOFER	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
PAM OETGEN	MEMBER AT LA	1.00	Director	$0	$0	$0
XANDY WAESCHE	PRESIDENT	4.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$333,641	$287,503	$413,248	$46,138
2023	$311,531	$235,850	$361,646	$75,681
2022	$298,211	$265,476	$286,624	$32,735
2021	$298,060	$232,293	$254,728	$65,767
2020	$285,418	$249,177	$187,034	$36,241
2019	$310,748	$252,683	$150,545	$58,065
2018	$277,233	$358,652	$92,957	$-81,419

SUSSEX SHORES BEACH ASSOCIATION